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Is MANA worth buying after Decentraland’s Hollywood debut?

By: Invezz

Decentraland MANA/USD has become the largest Metaverse within the crypto space, especially given the fact that investors build as well as participate within it regularly.

The potential of this crypto-based project is being further developed by its addition in a movie, where Decentraland will play a major role.

Decentraland’s addition in a movie as a catalyst for growth

The makers of Alien, Gladiator, and Blade Runner will produce ‘The infinite Machine’ Movie.

Specifically, Scott Free productions have come on board to produce the bestselling book, which discusses the history of Ethereum by the acclaimed cryptocurrency journalist Camila Russo for feature adaptation.

Ridley Scott, Tom Moran, and Vera Meyer of Scott Free Productions will produce the movie alongside Alejandro Miranda of Versus Entertainment.

The movie will be written on the screen and directed by Shyam Madiraju.

Russo, who is also the founder of The Defiant, said that:

“It’s incredibly exciting to have Ridley Scott and the crew at Scott Free produce the movie of The Infinite Machine alongside us.”.

The book was originally published by HarperCollins in 2020 and tells the story of how Vitalik Buterin convinced a group of builders and investors to join him and make a supercharged global computer.

Decentraland will also be responsible for the development and integration of NFTs into Decentraland’s virtual world. 

Should you buy Decentraland (MANA)?

On June 1, 2022, Decentraland (MANA) had a value of $1.044.

In order for us to see what kind of value point this represents for the MANA cryptocurrency, we will be going over its all-time high point of value, as well as its performance throughout the previous month.

The all-time high of Decentraland (MANA) was on November 25, 2021, when the token reached a value of $5.85.

When we go over the performance of the token throughout the previous month, its highest point was on May 5 at $1.6662. Its lowest point was on May 12 at $0.6546.

Here we can see that the cryptocurrency decreased in value by $1.0116 or by 60%.

However, since then, it has recovered in value to $1.044. At this point of value, MANA is a solid buy as it can reach $2 by the end of June 2022.

The post Is MANA worth buying after Decentraland’s Hollywood debut? appeared first on Invezz.

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